`Technical analysis, the prediction of price movements based on past price movements, has been shown to generate statistically significant profits despite its incompatibility with most economists’ notions of efficient markets”.’

`Technical analysis, the prediction of price movements based on past price movements, has been shown to generate statistically significant profits despite its incompatibility with most economists’ notions of efficient markets”.’

YOU ARE REQUIRED to critically discuss the above statement with reference to technical analysis and Efficient Market Hypothesis and use of the recent articles from academic journals.

Students will be expected to research the topic themselves and provide a well-argued essay addressing the topic.

Maximum words: 2,000 (excluding appendices)

Coursework Marking Criteria

Your coursework will be awarded a grade in accordance with the following criteria:

A good assignment will:

(i) be clearly and appropriately structured;

(ii) demonstrate a good understanding of the issues involved;

(iii) put forward all the relevant arguments in a logical format;

(iv) show evidence of original thinking and research into the topic

(all references should be properly acknowledged);

(v) use language in a precise and concise manner.